Price Erosion and Its Mitigation: The Role of MAP and UPP
In the dynamic world of commerce, price is an ever-evolving factor that significantly impacts a company’s profitability and market position. One of the challenges businesses often face is price erosion. This article delves into the concept of price erosion, its causes, and how to prevent it, with a focus on the roles of Minimum Advertised Price (MAP) and Unilateral Pricing …